UK pension funds are stepping up investments in commodity assets such as farms, timberland, mines and energy projects as they seek to diversify portfolios away from equities, an official at consultant Mercer said.
At an agriculture investment summit in London on Wednesday, leading U.S. and European pensions funds said few assets remained immune from whipsawing markets, prompting institutions to look at farmland.
Farmland is "an obvious no-brainer choice for most pension funds," according to Savills director of residential research Yolande Barnes.
International development and environment charities to protest against 'land grab' outside Agriculture Investment Summit
The European Bank for Reconstruction and Development is considering making an equity investment of up to $15.9 million to acquire a minority stake in ED&F Man Ukraine Investments BV
SLC Agricola, the Brazil farm operator with large ambitions in farmland acquisition, sealed a $239m cash injection from UK fund manager Valiance Asset Management for a business aimed at turning scrub into "high-quality" farms.
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The overall objective of this report is to identify potential interventions to enhance the capacity of newly created private equity funds in agriculture and/or agribusiness in Africa, especially the stimulation of technical assistance to agricultural value chains.
A global food crisis and rapid population growth are making farmland an increasingly attractive investment. Holly Black looks at the options.
Responding to strong demand, asset management firm Land Commodities has plans to launch its first retail farmland fund. The company says it receives around 10 to 20 enquiries from private investors each week.
The increasing dominance of China in Africa - industry, not agriculture. UK and US deserve greater critique.
Chayton already produces 10% of Zambia's soya and 5% of the country's wheat. Over the next 12 months, production will increase to at least 35% and 15% respectively.
At least 100 farmers joined a protest in front of the Department of Agriculture in Quezon City led by the members of the Asian Peasant Coalition (APC) in the Philippines such as the Kilusang Magbubukid ng Pilipinas (KMP), AMIHAN (National Federation of Peasant Women), UMA (Union of Agricultural Workers), and the PAMALAKAYA (National Federation of Small Fisherfolks of the Philippines). Also present is the Anakpawis partylist and the National Network of Agrarian Reform Advocates (NNARA)-Youth.
